Comment on 12 Years and $700 Million Later, What's Going on With Star Citizen's Development?

• athairmor@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  As of 2022, according to its financials, the company has spent $637 million on development, with 2020 – 2022 averaging over $106 million a year. Assuming that the company continues spending around $100+ million a year, it doesn’t take a mathematician to realize that the $790 million raised so far at the time of writing is on the verge of, or has likely, run out.

  No, the article is claiming $700M in development costs—based on $637M spent by 2022–and $790M raised. They’re speculating that the company is going to run out of money soon.

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  • Cagi@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

    [deleted]

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    • athairmor@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      That’s not how you calculate profit. Their revenue might exceed their costs so far but they have to keep spending. The game isn’t done and it costs money to just keep the lights on.

      Look, I don’t know their financials. I’m just correcting what you claimed and pointing out what the article is claiming which is that their spending appears to be outpacing their revenue.

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      • Cagi@lemmy.ca ⁨2⁩ ⁨weeks⁩ ago

        I actually do appreciate the clarification then, thank you. But I’ll still suggest to the readers of this convo, articles like these aren’t written for the edification of its readers, it’s written to bait engagement. The speculations of gaming journalists on Star Citizen is as reliable as Fox News’ speculation on the Mexico/USA.

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